SEC Form 4 · accession 0001209191-16-109504
RUCKUS WIRELESS INC · RKUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seamus Hennessy
Officer — Chief Financial Officer
Period of report
Mar 16, 2016
Accepted (ET)
Mar 18, 2016 · 4:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001294016
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 16, 2016 | M | 2,100 | $0.20 | A | 120,558 | D | |
| Common StockF2 | Mar 16, 2016 | S | 2,100 | $9.705 | D | 118,458 | D | |
| Common Stock | Mar 17, 2016 | M | 10,700 | $0.20 | A | 129,158 | D | |
| Common StockF3,F4 | Mar 17, 2016 | S | 10,700 | $9.9714 | D | 118,458 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F5 | $0.20 | Mar 16, 2016 | M | 2,100 | D | — | May 7, 2019 | Common Stock | 2,100 | 48,000 | D |
| Stock Option (Right to Buy)F5 | $0.20 | Mar 17, 2016 | M | 10,700 | D | — | May 7, 2019 | Common Stock | 10,700 | 37,300 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2015.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $9.64 to $9.805 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F3This sale price represents the weighted average sale price of the shares sold ranging from $9.64 to $10.02 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F4Includes restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- F5The Option is fully vested as of May 18, 2013.